I just found out our company (Namasco) is sponsoring a race boat. Best thing of all is it has a Whacka.
I am going to see if I put a company wrap on Whackas if I can use it as a write off and enter some poker runs, etc.
Thread: Company race boat
Results 1 to 6 of 6
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06-15-2011 05:08 PM
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06-15-2011 09:24 PM
Cool! Maybe MY company should have a race boat....?
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06-16-2011 04:27 PM
Mike and Mike, I sponsored the Bud Light boat for the Kankakee River Regatta several times. Sponsoring and wrapping your own boat prob has different rules of "pleasure boating". I would bet you could just place it under "Advertising" for Diagrind in your case Hippiekid. Writing off the gas, etc. for the rest is something I would check with your CPA. I'm sure just typical business expense for fuel lodging, etc. Good Luck and I hope you can also write off my wages for being C0-Pilot!!!!LOL
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